Innovative Smart Contract-Powered TokenCard Announcing Crowdsale

TokenCard, the first debit card powered by Ethereum smart contracts, has announced it will launch its crowdsale May 2.

“TokenCard makes every token better, letting users spend supported tokens with just a swipe at VISA merchants worldwide,” Peter Vessenes, founder of New Alchemy said in a press release sent to Cointelegraph.

The central concept behind TokenCard is to allow smart contracts to give consumers more control over their deposited funds.

“Users choose a Contract Wallet rather than having to deposit funds outside of their control.
TokenCard VISA debit cards draw funds from this contract wallet that support Ether and almost any ERC20 token,” TokenCard creator Mel Gelderman continued.